Posted in 2009

Long-term Decisions deserve some thought.

People tend to focus on the short-term and making choices from the short-term perspective has hidden opportunity cost for the long-term possibilities. Here are some thoughts on making long-term decisions.

-Does this decision conflict with my dominant personality?
If something competes with your inner compass the results will surely be diminished due to the excess energy used to keep yourself committed. Remember when you want to get that great deal on Black Friday and every year you sleep until 10:00 a.m. Why? Your not a morning person and a $900 dollar 60-inch plasma will not make a difference. Now when you go to buy it later it is going to cost twice as much.

-Does my commitment level match the results I want?
The external factors that could impact the long-term benefits sometimes make it seem as if the short-term choice is the only option. Millions of people start New Year’s resolutions only to quit by March. Why? The results don’t come quickly enough and they cannot waste time waiting for long-term results to compound.

-Was my short-term decision made from a place of fear?
Fear while useful to protect us from danger is usually a detriment to long-term decisions. Because the short-term decision can be made with less uncertainty we default to it. Why? Fear cripples the decision making process beyond repair and once that becomes habitual it is extremely hard to change.

Questions like these create our decision filters. Think out more decisions over the next few days and see if focusing on the long-term changes the decisions you make.

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